Cotton Target Price Causes Local Cotton Industry To Achieve "Win-Win".

Xinjiang Lu Tai Feng harvest cotton Co., Ltd. is located in Awati County, Xinjiang. It is an enterprise with annual production capacity of 20 thousand tons of lint and 3000 tons of high count yarn. Li Yuzhang, deputy general manager of the company, said that the reform of cotton target price is a major positive for textile enterprises, and the effect is good from now on.

"The implementation of cotton target price reform is more conducive to enhancing competitiveness of textile enterprises." Li Yuzhang said.

According to the relevant data, after the implementation of the cotton target price reform, the domestic lint spot price dropped from 19152 yuan / ton in September 2013 to 13600 yuan / ton at the end of 2014, while the foreign cotton import price was about 13700 yuan / ton over the same period.

Shihezi city is Xinjiang After years of development, important areas of the textile industry have been introduced. Huafu color spinning A group of well-known textile enterprises at home and abroad settled in Shandong Ruyi. Up to now, there are 20 textile enterprises in Shihezi, 1 million 930 thousand of the capacity of the ring spinning, 26 thousand and 900 of air spinning, 8300 tons of towels, and the largest production capacity in all parts of the country. It has become an important cotton spinning production base in the central and Western Regions.

"Cotton prices have basically begun to integrate with the market, which has eliminated the state. store up The problem of excessive cotton prices has also protected the interests of the vast majority of cotton farmers. Xinjiang production and Construction Corps eight division Shihezi City Party Committee Standing Committee, deputy teacher Zhang Guangxin said.

Hao Peixiang, Deputy Secretary General of the Xinjiang production and Construction Corps, believes that after the implementation of the cotton target price reform, domestic cotton prices have begun to integrate with the market, and the problem of high cotton prices caused by the national backing is no longer there.

Liu Weidong, director of the agricultural price office of the the Xinjiang Uygur Autonomous Region development and Reform Commission, pointed out that after the implementation of the cotton target price reform pilot program in 2014, the government no longer intervened directly in the market. The cotton production and processing enterprises directly faced the market. The cotton prices were formed by the market, reversing the "policy market" which was produced in the past few years, and the domestic cotton prices gradually integrated into the international market. The market price mechanism based on market supply and demand was initially established.

Reporters in Xinjiang research found that the current cotton target price reform has achieved initial results, many textile enterprises and relevant departments of Xinjiang responsible person said that the cotton target price reform to make domestic cotton prices and the international market has been integrated, cotton prices have gradually stepped onto the market track.